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google thing still going around the market. we read and respected in the tech world, give me a break. it'll never happen. but the stock did move friday on the news. a big move. now what is this stock up to. >> we don't talk about them much. the 12 month clinical trial of an experimental leukemia drug. >> nexen, again, a company we don't talk much about, but what is up to? >> we don't talk about it much because it is canadian. don't know if you hate it canada like you do american. but a big energy company. here is the deal. people got outraged, just like we are facing here. oh, can't let chinese buy our energy property, terrorism, blah blah blah. guess what? they are allowing the deal to go through. other companies are falling because they may impart new rules. saying we don't know if theant prices can by our energy companies. does that sound familiar in any way? >> this is the is the version of -- >> i don't hate canadians. why do you? >> i don't hate canadians. i hate everybody. i'm kidding. >> now getting cheaper by the minut
google thing still going around the market. we read and respected in the tech world, give me a break. it'll never happen. but the stock did move friday on the news. a big move. now what is this stock up to. >> we don't talk about them much. the 12 month clinical trial of an experimental leukemia drug. >> nexen, again, a company we don't talk much about, but what is up to? >> we don't talk about it much because it is canadian. don't know if you hate it canada like you do...
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google is turning into a shopper's friend this christmas. 80% of people are googling their research on christmas purchases before buying. however, julia krueger of google says this doesn't necessarily mean shopping habits are transitioning to online- only. "they want to feel confident about what they're buying, and feel like they are getting a good value. so not everybody looks for the lowest price, but very often they want to feel good about the price they are paying. so even if it's within a few dollars, it may be a better purchase for someone to buy it locally or to be able to know that they can get it today if they decide to buy at a physical store." kreuger says some of the most searched gifts for kids this holiday season are leap pad tablets, build-a-bear, and g.i. joe. for adults, searches are up for tablets, laptops and engagement rings. fedex workers serving as santa's little helpers this year will have tough sledding this week. the delivery company expects today will be a record- breaker, with 19 million packages being shipped and delivered. 300,000 employees, plus 20,000 sea
google is turning into a shopper's friend this christmas. 80% of people are googling their research on christmas purchases before buying. however, julia krueger of google says this doesn't necessarily mean shopping habits are transitioning to online- only. "they want to feel confident about what they're buying, and feel like they are getting a good value. so not everybody looks for the lowest price, but very often they want to feel good about the price they are paying. so even if it's...
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after what wired dubbed map map the hawk the libs or its disaster of a map app on the i phone five google mountain is back we'll discuss in loose change let's get to today's capital account. all right let's back up a little bit in late two thousand and ten it was prominent banking analyst meredith whitney is a big call. there's not a doubt in my mind that you will see a spate of municipal bond evolves how many is a spate you could see fifty sizeable defaults fifty to one hundred sizeable default more this woman out to hundreds of billions of dollars worth of defaults it will be something to worry about within the next twelve months. ok now it failed to play out as she seemed to indicate it would over the following year in turn pretty much ever since we have seen a spate of headlines similar to this murder of whitney unocal was one hundred percent wrong according to a bond pro there however between two thousand and ten and now we have seen cities and counties run into trouble and in some cases file for bankruptcy they reportedly have included san bernardino mammoth lakes both in california
after what wired dubbed map map the hawk the libs or its disaster of a map app on the i phone five google mountain is back we'll discuss in loose change let's get to today's capital account. all right let's back up a little bit in late two thousand and ten it was prominent banking analyst meredith whitney is a big call. there's not a doubt in my mind that you will see a spate of municipal bond evolves how many is a spate you could see fifty sizeable defaults fifty to one hundred sizeable...
SFGTV: San Francisco Government Television
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Dec 12, 2012
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. >> and commissioners, just for your reference in the back of your binder is a google map of all the recycling centers in the city. the blue ones are the existing centers and the salmon-colored ones that are ones that are recently no longer existing or planned to be existing? >> okay. commissioner dwight? >> to me it sounds like an innovation opportunity in a city that provides innovation and ecology and the component through some kind of notification, some mobile application for arranging the people who have the goods to those that want to collect it. and it seems like it's something that we have the opportunity to perhaps take a leadership position on in recommending to sacramento. have you all talked to recology about what their view of this whole thing is? >> they understand the problem. they run into the largest buybacks, one at pier 96 on the port and the one at tunnel road and they used to operate seven or eight other ones. they want to see the material handled. it's sort of there is an old garbage guy adage that you want to get your hands on everything and keep it, but they u
. >> and commissioners, just for your reference in the back of your binder is a google map of all the recycling centers in the city. the blue ones are the existing centers and the salmon-colored ones that are ones that are recently no longer existing or planned to be existing? >> okay. commissioner dwight? >> to me it sounds like an innovation opportunity in a city that provides innovation and ecology and the component through some kind of notification, some mobile application...
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Dec 7, 2012
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you would prefer google. make the case, sir. >> well, i think that apple is a company that goes through plod cycles and so, therefore, you've got lumpiness and risk there with each product cycle. as you have other hardware manufacturers like google and like amazon come in and they have other businesses that they could use to fund their kind of break-even foray into hardware, it is going to become more about the software. clearly apple has a formidable platform in itunes but we think longer term google is the winner in terms of its android os, powering cream which we think is the best browser, gmail, the core search product. youtube. this is google's goal, to tie a lasso around its ecosystem of advertising supported products. those revenues for me as an analyst are more predictable and also higher margin. i'd prefer to buy google ten times out of ten. >> microsoft's sitting in the corner right now feeling really lonely and left out. why not microsoft? >> i think longer term, microsoft, windows and win 8 have r
you would prefer google. make the case, sir. >> well, i think that apple is a company that goes through plod cycles and so, therefore, you've got lumpiness and risk there with each product cycle. as you have other hardware manufacturers like google and like amazon come in and they have other businesses that they could use to fund their kind of break-even foray into hardware, it is going to become more about the software. clearly apple has a formidable platform in itunes but we think...
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Dec 13, 2012
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where is the stock of apple-- google-- >> we're watching both, google is higher. what's the story, stuart? what do you think? is it that apple iphone users are finally happy because they've been so annoyed with the new map service at apple, it stinks and happy to get it. stuart: and i think that-- >> is it that they're crawling back to google. stuart: no, no, i think the story is google is socking it to apple and say, hey, we've got an app and put it on the ipad and ipad mini through apple. go away apple maps, it's poi pointless. >> the google guys must be running around the offices with confetti and horns and saying, yes! you couldn't do it without us. stuart: that's exactly right. >> and that's what they're doing over there at google. stuart: that's right, so google is up and apple i think is barely holding its own, i think it's down at the moment. >> it is down 1%. stuart: we've been questioning whether apple is still cool and we'll keep questioning. nicole, thank you very much indeed. again this thursday morning, i've got to tell you it's a dead flat market. l
where is the stock of apple-- google-- >> we're watching both, google is higher. what's the story, stuart? what do you think? is it that apple iphone users are finally happy because they've been so annoyed with the new map service at apple, it stinks and happy to get it. stuart: and i think that-- >> is it that they're crawling back to google. stuart: no, no, i think the story is google is socking it to apple and say, hey, we've got an app and put it on the ipad and ipad mini...
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Dec 13, 2012
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coming up next, the reunion with google that is long overdue. up for the company's biggestke blunder in history. mac's apple maps. >> people were lost without this application. many in different parts of the world getting confused and glitches in the software program. there isn't enough to fix some of it. google unveiling the apple maps today and it is already getting a good reception. it is the top download in the app store. there are public transportation mouse included. it fixes the glitches that many complained about in apple maps. wrong names, misplaced landmarks and incorrect addresses that cost people money and cause them confusion. the apple group, of course, it is for free. this application. but it's not altogether perfect. there isn't an ipod version just yet and also the voice immigration is not as good as other brands. it is only available in english. still to come, also, there is no tie in with the contacts. overall, these glitches are relatively small and simple and people are rejoicing. back to you. tracy: i certainly am. well, ab
coming up next, the reunion with google that is long overdue. up for the company's biggestke blunder in history. mac's apple maps. >> people were lost without this application. many in different parts of the world getting confused and glitches in the software program. there isn't enough to fix some of it. google unveiling the apple maps today and it is already getting a good reception. it is the top download in the app store. there are public transportation mouse included. it fixes the...
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but friday they soared on rumors involving google. right now, groupon is giving back a lot of that gain. down almost 8 1/4%. what is going on? >> well, google might be interested in buying groupon. we are seeing gains given back today because a report came out from evercorps, an analyst, saying that he saw no basis to these reports and sees no reason why google would want to buy groupon. so looks like stocks are coming back to earth. there are concerns about its fundamental business model as it tries to expand beyond the deal a day business, that's its core business. >> julia, thank you very much. >>> google stashing billions in off-shore accounts to save a few bucks in taxes and what the deal with jc penney? are they having deals or not? we will discuss it more when we come back. stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't n
but friday they soared on rumors involving google. right now, groupon is giving back a lot of that gain. down almost 8 1/4%. what is going on? >> well, google might be interested in buying groupon. we are seeing gains given back today because a report came out from evercorps, an analyst, saying that he saw no basis to these reports and sees no reason why google would want to buy groupon. so looks like stocks are coming back to earth. there are concerns about its fundamental business model...
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Dec 10, 2012
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google has nexus 7. iphone and smartphone that google has. they compete on so many different levels but they know when to play fair and play nice and i guess it is in the area of patents of the apple and google according to various reports are teaming up together to buy a pool of 1100 patents we know the bankrupt kodak is selling out there, $500 million is the price tag. the reason they decided to come to their senses and play fair here, play nice is because when they were sitting on opposite ends of the table they were outbidding each other. they said, let's not do this. not spend more money than we have to. parse out which patents we want and play together. and that is exactly what they're doing. david: but their animosities are stronger than their willingness to work together, correct? >> absolutely. this is no cease-fire in any pay, shape or form. google is going at it. couple things coming out from google today. the company is going after a set-top box company, motorola home. talks it will go after that competing with apple. apple tv wil
google has nexus 7. iphone and smartphone that google has. they compete on so many different levels but they know when to play fair and play nice and i guess it is in the area of patents of the apple and google according to various reports are teaming up together to buy a pool of 1100 patents we know the bankrupt kodak is selling out there, $500 million is the price tag. the reason they decided to come to their senses and play fair here, play nice is because when they were sitting on opposite...
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apple up 31%, google up 9% but that doesn't matter because more recently apple falling 20% and google 6%. which is the better bet longer term? they are in apple. that's what i believe longer term. the right investment is. it does not say that i do not believe google is not a good investment because i do believe that it is. >> harry reid is speaking right now. let's go down to capitol hill. >> -- calling on speaker boehner for tax cuts to the middle class. today senator cornyn, the second ranking democrat in the next congress -- i'm sorry, don't i wish -- the second ranking republican in the next congress -- joined the chorus in calling on speaker boehner to do the reasonable thing. here's what he said. i believe we're going to pass it sooner rather than later. we really don't have much leverage there because those rates -- >> i'll take it back from harry reid while we try and figure out this audio issue that we're clearly having from the majority leader and his comments down in the nation's capitol as the democratic leadership gets its turn, if you will, at the microphone for an updat
apple up 31%, google up 9% but that doesn't matter because more recently apple falling 20% and google 6%. which is the better bet longer term? they are in apple. that's what i believe longer term. the right investment is. it does not say that i do not believe google is not a good investment because i do believe that it is. >> harry reid is speaking right now. let's go down to capitol hill. >> -- calling on speaker boehner for tax cuts to the middle class. today senator cornyn, the...
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Dec 9, 2012
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my guess is that some of the apple negative sentiment could actually move towards like google, amazon is still up a lot. oracle is up a lot. i want to use a put spread in the qs. and december quarterlies. >> so dan is bearish. he is buying a put spread one of the most common strategies. for making a bearish trade. it is always good to crack open the play book and review the structure. buy one put and sell a lower strike put of the same expiration to cut your cost. how do you make money? you want the stock to fall to the strike of the short put where you make the most money and where your profit as a capped. i want to make one other point. >> we would not short this stock here. the way that stock moves from 505 to 590 in a week and a half is danger time. i want to use the qs. i think it's a better risk/reward. the q was at 65. i bought the december 31st quarterly. 64, 62 put spread. i paid 55 cents. i bought one of the december 31st quarterly for 95 cents. to reduce the cost i sold one of the december 31 puts against it for 40 cents. so the max cost was 55 cents. that's my max gain. my
my guess is that some of the apple negative sentiment could actually move towards like google, amazon is still up a lot. oracle is up a lot. i want to use a put spread in the qs. and december quarterlies. >> so dan is bearish. he is buying a put spread one of the most common strategies. for making a bearish trade. it is always good to crack open the play book and review the structure. buy one put and sell a lower strike put of the same expiration to cut your cost. how do you make money?...
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Dec 7, 2012
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coming up monday, how people are turning to google for christmas gift ideas. from all of us at first business, thank you for watching, and happy chanukah! >>> tragedy at last nights raider game. the fall that led to a fan being seriously injured. >>> two south bay restaurants evacuated after a fire. the reason the recent storms is to blame. >>> a strong earthquake jolts the same area of last years quake and tsunami. >>> good morning, everybody it's friday, december 7th i'm brian flores. >> and i'm pam cook. time now almost 4:30. rosemary orozco is in for steve today. so after the big storm steve decided he needed ha little break. >> he's a little tired. good morning, to you. happy friday. we are in for a dry weekend. modest warming trend under way. we are waking up a lo
coming up monday, how people are turning to google for christmas gift ideas. from all of us at first business, thank you for watching, and happy chanukah! >>> tragedy at last nights raider game. the fall that led to a fan being seriously injured. >>> two south bay restaurants evacuated after a fire. the reason the recent storms is to blame. >>> a strong earthquake jolts the same area of last years quake and tsunami. >>> good morning, everybody it's friday,...
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apple and google sensed drags on the index. ibm is changing the way it contributes to plans, instead of making payments twice per month, ibm will pay a lump sum. workers who least company would forfeit matching payments, the move ibm says could end up saving them millions of dollars per year. in san francisco, witha/lwj bloomberg west, back to you. have a great weekend. >> john, thank you very much. >> gorgeous out there. >> yes. >> it's remarkable. >> just explaining about this traffic on the embarcadero. sunny skies, cool to mild conditions. looking on the bay, wow, what a gorgeous day here, would you like to be able to fly like an eagle? yeah. yeah. i don't want to sing it. you don't want me too to, either. here is a look. mainly sunny skies and scattered, widely scattered. not for several days as a matter of fact. temperatures into low 60s now. cooler closer to coast. 59 san rafael. 55 in half moon bay. forecast features, clear skies and cold in spots. sunny weekend, milder weather suchbltd and it will be cooler by mid week
apple and google sensed drags on the index. ibm is changing the way it contributes to plans, instead of making payments twice per month, ibm will pay a lump sum. workers who least company would forfeit matching payments, the move ibm says could end up saving them millions of dollars per year. in san francisco, witha/lwj bloomberg west, back to you. have a great weekend. >> john, thank you very much. >> gorgeous out there. >> yes. >> it's remarkable. >> just...
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. >>> google plans to start charging small businesses for its free services like e-mail and google docs. will consumers be next it with those fees? >>> from "50 shades of grey" to 5,000 shades of green, publisher random house giving employees a lot to cheer about this holiday season. we'll explain when "power lunch" continues in just a moment. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. [ male announcer ] break from the holiday stress. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite r
. >>> google plans to start charging small businesses for its free services like e-mail and google docs. will consumers be next it with those fees? >>> from "50 shades of grey" to 5,000 shades of green, publisher random house giving employees a lot to cheer about this holiday season. we'll explain when "power lunch" continues in just a moment. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on...
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Dec 8, 2012
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two years ago google offered six billion to buy daily deal website group-on before it went public. group-on's market value is half that tonight and bloomberg reports there's take-over speculation. the stock jumped 23% today. volume more than doubled. some of the buying also could be from traders who sold short the stock to profit as it was falling. four of the top five most actively traded exchange traded products were higher. the lone hold-out was the nasdaq 100 tracking fund, which includes apple. the fund was down 0.06%. and that's tonight's "market focus." tall tom dow growth is one reason tonight's market monitor thinks the economy will pick up speed next year and so will stocks. mark luschini back with us at janney montgomery scott. the job market we saw today improving in the last month but still slow, do you think it's going to pick up the pace of that improvement next year and why. >> well we do, tom. the fact of the matter is we've been seeing steady spectacular job growth for the better part of 2012. job growth averaging roughly 150,000 or so a month. we think on the bac
two years ago google offered six billion to buy daily deal website group-on before it went public. group-on's market value is half that tonight and bloomberg reports there's take-over speculation. the stock jumped 23% today. volume more than doubled. some of the buying also could be from traders who sold short the stock to profit as it was falling. four of the top five most actively traded exchange traded products were higher. the lone hold-out was the nasdaq 100 tracking fund, which includes...
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Dec 11, 2012
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google a clean name. not a lot of flies on it. challenging 50 day moving average of 58, looks like she wants to take it out for good. stock looks terrific. >> delta. >> delta is fantastic. stake in virgin. they are buying a company that had a $130 million loss in the last calendar year. the better trade who got the 360 million, singapore airlines if you're in the emerging marketplace, i think that's the main going. >> best buy getting a drop. >> no nice, just one day away. no reason to walk in the store and buy anything when you do it online probably cheaper than free delivery. continue to stay away. >> a drop for twinkies of it's a sad day for twinkie fans around the world as the final shipment of snacks hit the shelves this morning. 20,000 boxes sent to a chicago-area chain where customers lined up early to get the sugar fix. could be a lining, investors are looking to buy, may not be good-bye to twinkie the kid. final trades are next. americans believe they should be in charge of their own future. how they'll live tomorrow. for
google a clean name. not a lot of flies on it. challenging 50 day moving average of 58, looks like she wants to take it out for good. stock looks terrific. >> delta. >> delta is fantastic. stake in virgin. they are buying a company that had a $130 million loss in the last calendar year. the better trade who got the 360 million, singapore airlines if you're in the emerging marketplace, i think that's the main going. >> best buy getting a drop. >> no nice, just one day...
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Dec 13, 2012
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google search in the application. if you look for a dry cleaner, search for it, and then find it in the same box. it has a siri-like voice guided turn-by-turn directions, transit schedules, and locations saved on multiple devices. looking for a restaurant, for example, sitting at home, your home computer, when you are on the road, on your cell phone or even when you get to work, you can keep up with the directions anywhere along the way. couple features we are waiting for. no, it's not available on the ipad just yet. waiting for that. there's no integration with contacts so if you have your doctor's address savedded in the contacts, you can't get it seamlessly put in the application just yet, but that's just a matter of time. google share's doing well. we think, probably, because of the release. lots of hype today. connell: up over 700. good to have the turn-by-turn, and turn where you are supposed to be going, another key to this. thank you. >> thanks. connell: a good show last night, the 12-12-12 concert in madison
google search in the application. if you look for a dry cleaner, search for it, and then find it in the same box. it has a siri-like voice guided turn-by-turn directions, transit schedules, and locations saved on multiple devices. looking for a restaurant, for example, sitting at home, your home computer, when you are on the road, on your cell phone or even when you get to work, you can keep up with the directions anywhere along the way. couple features we are waiting for. no, it's not...
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Dec 6, 2012
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showing you on of google earth, folsom street. this chase started and ended when the driver collided with a fire hydrant. with major flooding, water gushing on folsom street toward the driver was injured, taking to the hospital. san francisco police are investigating this as a possible d u i .. >> one person is dead in a house fire that wrecked 3 hulman san francisco is evil side heights. how's that -- house fire in san francisco's new this morning... one person is dead after a house fire ripped through a home in san francisco's ingleside heights neighborhood. the one-alarm fire was reported last night in the avenue around 8:30. around 9... the victim's >> also new this morning... the contra costa county sheriff's office is investigating a homicide. it happened last night in pleasant hill. concord avenue. no further details have updates as they become also, the police force not having to undergo a federal intervention. mayor jean quan and police chief will work with the compliance officer of the will have the ability to hire and f
showing you on of google earth, folsom street. this chase started and ended when the driver collided with a fire hydrant. with major flooding, water gushing on folsom street toward the driver was injured, taking to the hospital. san francisco police are investigating this as a possible d u i .. >> one person is dead in a house fire that wrecked 3 hulman san francisco is evil side heights. how's that -- house fire in san francisco's new this morning... one person is dead after a house fire...
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to navigate your commute this is a great way, absolutely free on the app store or google play. it is the waze app. >>> 5:50. new out of the philippines this morning, government officials say the death toll from a powerful typhoon stands at more than 200 people. officials fear many more bodies could be found as rescuers reach areas that have been cut off by the storm. typhoon bopha slam add into the region yesterday destroying homes and -- triggering flash floods, 66 villagers and soldiers drowned. the government says scores are still missing. >>> controversial photo on the front page of the "new york post" is sparking debate on whether it should have been published this picture was taken moments before ki-suck han was hit and killed there. is criticism on why the photographer didn't put his camera down to help the victim. the photographer says he took the picture from far way, hoping the driver would see his camera flash. new york city police say the man who pushed mr. han on to the tracks has implicated himself. witnesses describe him as a mentally disturbed man and bothering
to navigate your commute this is a great way, absolutely free on the app store or google play. it is the waze app. >>> 5:50. new out of the philippines this morning, government officials say the death toll from a powerful typhoon stands at more than 200 people. officials fear many more bodies could be found as rescuers reach areas that have been cut off by the storm. typhoon bopha slam add into the region yesterday destroying homes and -- triggering flash floods, 66 villagers and...
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Dec 7, 2012
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google announced its new media streaming device is made in the usa. speculation is now rampant about what computer and where in the u.s. apple will manufacture. some see apple's decision as a pr move. one user says it's right for the times. >> i hope it's something tangible. they should intentionally think of their shareholders but also stake holders. people on the ground working on the apple phones. >> reporter: low worker wages and low shipping costs were some of the reasons companies moved their manufacturing overseas. fuel costs are up and worker wages in china have risen 15 to 20% in recent years. >> after doing some downsizing starbucks is back to brewing up expansion plans. they include yet another san francisco store at market and sanchez. cbs 5 reporter mike sugerman tells us some are trying to grind that to a halt. >> reporter: there are 85 starbucks properties in san francisco. could we 86 the 86th? >> it will change the character. >> ity it will be a good addition. >> reporter: starbucks wants to add 1500 new stores in the u.s. over the ne
google announced its new media streaming device is made in the usa. speculation is now rampant about what computer and where in the u.s. apple will manufacture. some see apple's decision as a pr move. one user says it's right for the times. >> i hope it's something tangible. they should intentionally think of their shareholders but also stake holders. people on the ground working on the apple phones. >> reporter: low worker wages and low shipping costs were some of the reasons...
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Dec 13, 2012
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. >>> google wins a battle in a war with apple. what it could mean for you as we approach the bottom of the hour already. we have more top stories. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. that's what may help lower your cholesterol and -- social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. >>> hi everyone. i'm gretchen carlson in for
. >>> google wins a battle in a war with apple. what it could mean for you as we approach the bottom of the hour already. we have more top stories. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup....
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the difference between apple and google is they're not public about it. we don't know what they're working on other than these p patent filings. trust me, they're working on big, new, exciting things. even wearable computers. >> let's hope. we haven't seen them though. maybe. >> it just occurred to me, we talk about tim cook versus steve jobs and is the company different and how is it different and all that. is it possible, max, that shareholders think they are still investing in steve jobs' apple rather than tim cook's apple? >> absolutely. >> is that why we've seen this 23% decline in the stock recently as some of that is starting to dawn on them? >> absolutely. i'll do you one better. it's a great question. i think analysts still think they're forecasting and following steve jobs' growth. the bad news is that it's the wrong model. that era has ended. there's lots of exciting things to do. the story is not over. the future is potentially very bright. folks need to move away from maintaining the margin and benchmark everything against steve jobs. the mar
the difference between apple and google is they're not public about it. we don't know what they're working on other than these p patent filings. trust me, they're working on big, new, exciting things. even wearable computers. >> let's hope. we haven't seen them though. maybe. >> it just occurred to me, we talk about tim cook versus steve jobs and is the company different and how is it different and all that. is it possible, max, that shareholders think they are still investing in...
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he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in the voter guide which was sent to all of us. they neglected to mention the rector active portion of it. i think a lot of people were really surprised by that. so many businesses still get started in silicon valley because that is where the talent is. the regulation, state and higher taxes in the state do not matter. will this really start to hurt business formation there, do you think. >> i think that is a great question. it is about a 30% tax increase california has done is almost double the taxable gain great. i feel like california is an amazing place. the sil
he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in...
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writes make a tv in which the sound does not go up for commercials and i'll be the first is a-to-say google will copy apple if they are successful, samit bhatt. now we have scott wapner and "fast money." >>> welcome to "the halftime show." four hours to go until the close. green arrows across the board. 13,041 the dow jones industrial average, all of the major averages in the green. here's what we're following on "halftime" target practice with its prediction for 2012 now within reach, jpmorgan's tom lee on the market's next move. net gain, netflix shares up again as the company rides the halo of its disney deal. where is the next stop? one stock, two opinions in a halftime debate. first our top story the sudden sell-off in shares of apple, after posting its worst trading day in four years, the stock is rebounding but has still lost more than $35 billion in market cap over the past few days. jon fortt is in silicon valley with the latest, the worst performance of three days since 2008. what is the buzz in the valley? >> we've heard multiple theories why the stock has been falling, people se
writes make a tv in which the sound does not go up for commercials and i'll be the first is a-to-say google will copy apple if they are successful, samit bhatt. now we have scott wapner and "fast money." >>> welcome to "the halftime show." four hours to go until the close. green arrows across the board. 13,041 the dow jones industrial average, all of the major averages in the green. here's what we're following on "halftime" target practice with its...
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google unveiling its new map for the iphone after given the boot by apple. who will win this battle? and shares of best buy, moving up by, look at that, nearly 15% today. reports its founder could make a take over offer for that retailer, but is that the best move? my partner, sue herera at the new york stock exchange for us. sue? >> ty, it is a little bit after down side bias today. investors are losing enthusiasm over the fed's move. and more specifically, the employment rate. right now, the dow is down 57 points on the trading session. most of that drop cake after mr. boehner made comments about the continues impasse in trying to resolve the fiscal cliff. s&p down 23, down three quarters percent. and the nasdaq is down about half a percent. bob joins me on the floor of the nyse. the market is very undecided about what is happening in washington. what the feds know that perhaps we don't know. >> we are getting smacked around by these two separate events. the fiscal cliff as well as aftermath of what went on with the fed. i think the fed is still very impor
google unveiling its new map for the iphone after given the boot by apple. who will win this battle? and shares of best buy, moving up by, look at that, nearly 15% today. reports its founder could make a take over offer for that retailer, but is that the best move? my partner, sue herera at the new york stock exchange for us. sue? >> ty, it is a little bit after down side bias today. investors are losing enthusiasm over the fed's move. and more specifically, the employment rate. right...
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there's positive things being said about microsoft and google. when you look at alternative operating systems, whether it's microsoft and their own hardware, this to me is the issue and has always been their issue, they're not going to be able to stave off hardware which becomes indistinguishable. and when you get to places where margins are cut razor thin and will do it better than apple, they can do it cheaper. this is the fundamental issue, it's not a technical issue. >> i would disagree on a microsoft side. microsoft reported their original os 8 numbers. they didn't give any of the surface numbers there. i think you're exactly right in terms of android. especially in an emerging market, that's becoming a bigger deal. keep in mind it's getting to some of these numbers for next year, it doesn't require the big apple growth that they've had. in other words, if they can just gain a fractional share and get to where they want to go. let android have a lot of the emerging markets and apple can beat the street numbers for 2013. >> gene, brian kelly.
there's positive things being said about microsoft and google. when you look at alternative operating systems, whether it's microsoft and their own hardware, this to me is the issue and has always been their issue, they're not going to be able to stave off hardware which becomes indistinguishable. and when you get to places where margins are cut razor thin and will do it better than apple, they can do it cheaper. this is the fundamental issue, it's not a technical issue. >> i would...
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and i do believe they're in acquisition target potentially, whether it be for microsoft or comcast or google or potentially an app. >> weiss, what about the risk factors? >> they're meaningless in terms of the fundamentals of the company. all it's going to be is a fine. it's not like there's fraud or anything like that. there's no restatement of earnings or neanything else comg in. balance sheet. just ignore that nuisance. it gets your names in the headlines a little bit more. in terms of the company and the fundamentals, my concern is they're overpaying for content. they're going to have to raise capital next year and i don't think somebody can come in and buy them. >> we'll move on and talk about the market. ross kosterich joins us live from san francisco. ros russ, nice to see you. >> thanks for having me. >> if there's coal in apple's market can santa claus have a rally? >> the stock can move higher without apple but to state the obvious, it's a big chunk. it's certainly going to help if apple participates but i think the reality is apple along with the rest of the stock market is still
and i do believe they're in acquisition target potentially, whether it be for microsoft or comcast or google or potentially an app. >> weiss, what about the risk factors? >> they're meaningless in terms of the fundamentals of the company. all it's going to be is a fine. it's not like there's fraud or anything like that. there's no restatement of earnings or neanything else comg in. balance sheet. just ignore that nuisance. it gets your names in the headlines a little bit more. in...
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apple's inexpensive but google is expensive. it is just apple's so many hundreds of billions in market cap that sometimes it is going to fall by its own weight. >> we can bring that back up, please. when i look at apple trading at 1.5 points more in forward pe than microsoft. one of those is mispriced. >> exactly right. that's why i look forward to the panel because it is really ael ael braic. >> do you believe apple is fundamentally undervalued? >> yes, i do. i think one other point that should be made is that apple's cash balance is not only enormous at about almost $130 a share, but it's growing at $40-plus per share per year. so if you -- and this is after paying a dividend and repurchasing shares. if you roll this tape forward, apple is just an enormous pile of cash. that becomes a very, very substantial portion of its market cap. on almost any metric this stock is really inexpensive and its projects are still very, very bright. if you look at its core market which is smartphones, only 42% of all handsets sold globally this
apple's inexpensive but google is expensive. it is just apple's so many hundreds of billions in market cap that sometimes it is going to fall by its own weight. >> we can bring that back up, please. when i look at apple trading at 1.5 points more in forward pe than microsoft. one of those is mispriced. >> exactly right. that's why i look forward to the panel because it is really ael ael braic. >> do you believe apple is fundamentally undervalued? >> yes, i do. i think...
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they didn't want to lose their google map and now it is bad. what state oh phillips are hoosh moving moo your area. >>> plus, it rely end seerly on your some but will it fly? . >>> good morning, mainly clear patchy fog, widespread 30s all over the peninsular, high 50s. >>> two swiss engineers plan to fly around the world in a completely solar powered plane and do it by the year 2015. it has already flown 2500 miles to africa. but they have to see how they can pilot the plane through -- pilot the plane through the night and there is no sunlight. if you are driving for the christmas holiday plan on being on the roads. there will be more people driving on the holidays since 1996 and that translates to more than 84 million people going someplace in a car and that's a new record. >>> the man accused of kidnapping and killing sierra lemar is charged with three more crimes. his hair has grown and lost weight. he is accused of kidnapping three went from safe way and he has not entered a plea in the disappearance and killing of sierra lemar. >>> prosecu
they didn't want to lose their google map and now it is bad. what state oh phillips are hoosh moving moo your area. >>> plus, it rely end seerly on your some but will it fly? . >>> good morning, mainly clear patchy fog, widespread 30s all over the peninsular, high 50s. >>> two swiss engineers plan to fly around the world in a completely solar powered plane and do it by the year 2015. it has already flown 2500 miles to africa. but they have to see how they can pilot...
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. >> google nexus seven. it is basically enjoyed all the way. nothing special about the design. this is the best selection of android apps. gerri: how about microsoft surface? >> this is a device that is built for productivity. microsoft designed this microsoft surface tablet. it has a kick stand. it comes with a keyboard. that is something that you could not be do without. this is a powerful device. some people say they are going to buy this, but they know they will have to do work on it. [talking over each other] microsoft designed this with productivity in mind. again, this is one of the widest devices on the market. gerri: okay, lance, thank you for coming on. that is a big help to people. maybe we can get some of those full-screen on the website. it really lays out how to make that decision. >> we have a ton of information. [talking over each other] gerri: we will be right back with my "two cents more". and the answer to the question today. does president obama over toward another bailout? male announcer ] how do you trade? with scottrader streaming quotes, anyay you want.
. >> google nexus seven. it is basically enjoyed all the way. nothing special about the design. this is the best selection of android apps. gerri: how about microsoft surface? >> this is a device that is built for productivity. microsoft designed this microsoft surface tablet. it has a kick stand. it comes with a keyboard. that is something that you could not be do without. this is a powerful device. some people say they are going to buy this, but they know they will have to do work...
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neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the government. still at 33 bucks even though it's down after-hours up from the re-ipo after the financial crisis. >> and it's something that will make the ceo very, very happy. the last couple times he's been on this program, he has been campaigning publicly for the government to do just that. he wants them off his balance sheet and off his back. >> it was an unpopular risk to begin with. so brings this all into the era. >> as kayla pointed out, it turned out to be profitable for the country. >> absolutely. >>> in the meantime, death tax would jump. we talk about why it might cost someone'
neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the...
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you are seeing a new crop of devices like the amazon kindle fire or the google nexus that are coming in at attractive price points and certainly capturing a good chunk at the low end. >> yeah, because i guess to your point, which is when you are the first person into a market, you actually have though where to go but down in market share. when you go in, you have 100%. so is there a demarcation line for you where you do start to worry? >> you know, i mean, it seems like demand is still good. i mean, i'm not the apple analyst, but apple sales on the ipad and ipad mini are still expected to be up 50% year over year in the fourth quarter. it's a big number. they're going to sell a ton of these things. i'm not that worried. obviously, the stock is having technical challenges and tax related selling and special dividend but it still seems like there's good demand for that product. >> speaking of all these products, what about the microsoft surface? what happened to that? they're selling it, right? i haven't haereard a lot about . >> theoretically, they're selling it. >> i think they're se
you are seeing a new crop of devices like the amazon kindle fire or the google nexus that are coming in at attractive price points and certainly capturing a good chunk at the low end. >> yeah, because i guess to your point, which is when you are the first person into a market, you actually have though where to go but down in market share. when you go in, you have 100%. so is there a demarcation line for you where you do start to worry? >> you know, i mean, it seems like demand is...
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google up over 1%. back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> just like the iphone and itunes, apple may be one step closer to changing the way you watch tv. the "wall street journal" reports the company is testing prototypes for high rez television sets. the ceo tim cook said apple tv is no longer just a hobby for the company. apple already sells a tv box that streams online content. another clue of about the new tv? supplier foxconn invested in a liquid crystal display factory. so hm, stay tuned. >>> are you tired of hitting the mute button every time your favorite program takes a commercial break? i know i am. turns out members of congress are, too. the fcc is directed to implement a loudness mitigation known as the calm act. that goes into effect today. this act bans broadcasters from blasting commercials at higher volume than the program you're watching. >> that will be handy. >>> are you a coffee drinker? listen up. it may now keep cancer away. a new study by the
google up over 1%. back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> just like the iphone and itunes, apple may be one step closer to changing the way you watch tv. the "wall street journal" reports the company is testing prototypes for high rez television sets. the ceo tim cook said apple tv is no longer just a hobby for the company. apple already sells a tv box that streams online content. another clue of about the new tv? supplier foxconn...
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if you want to download this free app to navigate your commute, it is on the apple store and google play. >>> we have breaking news from pleasant hill. the contra costa county sheriff's department has just confirmed a person is in custody in a homicide case. this hop side happened near the intersection of i-680 concord avenue the body of adult was found late last night northbound 680 on-ramp. we are expecting to learn more about the case, coming up later this morning. >>> we shift gears now. as we've been talking all morning it is raiders day as raiders take on broncos tonight. >> kira klapper joins us from ricky's sports bar in san leandro -- [ inaudible ] >> reporter: good morning of the game isn't for another 10 hours, you wouldn't know by looking at these die-hard fans already in their gear this morning some call it gear some call them costumes some call them regalia. a lesson i learned they don't call the stuff on their mace--- on their face make-up, they call it war paint. for some it took two hours that i been together as a family, some for more -- they've been together as a famil
if you want to download this free app to navigate your commute, it is on the apple store and google play. >>> we have breaking news from pleasant hill. the contra costa county sheriff's department has just confirmed a person is in custody in a homicide case. this hop side happened near the intersection of i-680 concord avenue the body of adult was found late last night northbound 680 on-ramp. we are expecting to learn more about the case, coming up later this morning. >>> we...
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it is not going to drive google's earnings, if you -- display ad does drive google's earnings but nothing to do with display ads, sit there and think maybe am, people will buy it, maybe not, but the idea that google is up big and apple is down big just shows you how fanciful this market can be versus the reality. makes no sense. >> google could drive a lot bigger margin if they wanted to, fascinating company, i agree. >> all the thing these give away for free they could possibly monetize u >> kansas city, delivering one gigabyte for $30 a month. so interesting to follow this company, generating enormous amounts of cash flow. >> trade off of that. invest in it, they are investing so much in the future. the idea of a superior map product driving google over 700, starting to climb back where it was after that horribly disappointing quarter? i got facebook at 20. i get that. facebook said we got a way to monetize, but the idea, wow, you know what, those maps, which we know are superior, we should buy google off it? >> maybe just the people are taking money out of apple and putting it elsewher
it is not going to drive google's earnings, if you -- display ad does drive google's earnings but nothing to do with display ads, sit there and think maybe am, people will buy it, maybe not, but the idea that google is up big and apple is down big just shows you how fanciful this market can be versus the reality. makes no sense. >> google could drive a lot bigger margin if they wanted to, fascinating company, i agree. >> all the thing these give away for free they could possibly...
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that isn't working out so well for them but google is also trying to do this. this isn't just a apple thing. a number of companies trying to do some manufacturing here. apple last quarter made about 50 million things. they are a huge manufacturer. just under 1 million of those were desktop macs. so we're talking about a small sliver of what apple actually makes. >> jon, i wonder, how you would characterize the change in culture from steve jobs to tim cook. i might characterize it this way. mr. cook feels like velvet glove, iron fist. mr. jobs was iron glove, iron fist. >> well, i'm not sure which glove hits harder. you take a look at some of the executive shuffling that we've seen under the tim cook regime. that's significant. we didn't see steve jobs do things quite in that way so he's not afraid to make changes. he's also done stuff with a dividend that we've seen. he's done things with apple, also being more open with wall street. so a few things that he's done also in charitable giving that are different. >> i would chime in and add, this is definitely a mo
that isn't working out so well for them but google is also trying to do this. this isn't just a apple thing. a number of companies trying to do some manufacturing here. apple last quarter made about 50 million things. they are a huge manufacturer. just under 1 million of those were desktop macs. so we're talking about a small sliver of what apple actually makes. >> jon, i wonder, how you would characterize the change in culture from steve jobs to tim cook. i might characterize it this...
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you can google and find out who they are. >> i know who jack white is. >> jazz pianist dave brubeck died at the age of 91. they put out "take five" one of the best-selling jazz songs of all time. les munves weighed in on that angust. jones comment. he says compared to charlie sheen this is a piece of cake. he added, by the way, jones is still collecting his $300,000 a week paycheck. >> it's doing great in the ratings. >> it has buzz there. any publicity is good publicity. finally, jimmy fallon has done it again. he and mariah carey decided to get everyone in the christmas spirit. ♪ >> that just reminded me, i have to get myself my christmas sweater this year. >> i'm lynn berry. this is "first look" on msnbc. stay tuned, "way too early" starts right now. >>> it took us three months to establish trust. these guys don't trust each other. they don't even trust each other in their own party. we have leaders who are people behind them with a shift hoping they can get their job the next go around. durbin has someone looking over their back. every time they deal and over on
you can google and find out who they are. >> i know who jack white is. >> jazz pianist dave brubeck died at the age of 91. they put out "take five" one of the best-selling jazz songs of all time. les munves weighed in on that angust. jones comment. he says compared to charlie sheen this is a piece of cake. he added, by the way, jones is still collecting his $300,000 a week paycheck. >> it's doing great in the ratings. >> it has buzz there. any publicity is good...
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up with google's innovation with cloud services, not necessarily in the hardware space. no one makes better hardware than apple. they don't need that engineering, they need software engineering to keep up with google to make cloud searching work. >> apple is going to spend 100 million dollars bringing some mac production to the united states. they're going to build these things in america and they've not done that before. what do you make of it. >> they haven't done it in 20 years and i know apple has been wanting to do this. it's been a thorn in the side of apple. stuart: it's for political reasons? >> it's for political reasons, sure, and the thorn in the side is tim cook to deal with worker conditions. >> no, no, no. >> sure. >> you can't tell me, the chief executive says i'm tired of getting on that plane and going to china. >> and i don't know that he cares about getting on the plane. he's tired of the negative pr. >> right. >> and now to the real point. and it's a drop in the bucket. this is all simply to fight the pr war. by the way he said something interesting,
up with google's innovation with cloud services, not necessarily in the hardware space. no one makes better hardware than apple. they don't need that engineering, they need software engineering to keep up with google to make cloud searching work. >> apple is going to spend 100 million dollars bringing some mac production to the united states. they're going to build these things in america and they've not done that before. what do you make of it. >> they haven't done it in 20 years...
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apple sitting on $121 billion, cisco and google around $45 billion. will any of these join the race? >> i think the key question here is how much of the stock is held by insiders of some sort who can benefit by paying out a special dividend. that's been a key factor in terms of these screens floating around, screens of potential dividend payers. >> we know buffett's not going to do it. >> yeah. >> because of the buffett rule. so he can't do it. but i do think gates could do it. gates and balmer are two of the largest shareholders at microsoft. rather than the $40 billion, another $20 billion offshore. i like that one. >> what you want to do, once it's announced, you want to buy the stock, write it up and sell the day before and then you don't have to deal with that collapse the next day. >> the impact on the market will be interesting this december. thanks so much. stay tuned. >>> the holidays may be happy for you and for me, but this is crunch time. so will some retailers triumph and others feel the sting of defeat? i'm here to help you sort out the
apple sitting on $121 billion, cisco and google around $45 billion. will any of these join the race? >> i think the key question here is how much of the stock is held by insiders of some sort who can benefit by paying out a special dividend. that's been a key factor in terms of these screens floating around, screens of potential dividend payers. >> we know buffett's not going to do it. >> yeah. >> because of the buffett rule. so he can't do it. but i do think gates could...
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> august 15th, 2010. the roil condition mounted police respond to a silent alarm. a disturbed man inside this qwik stop convenience store. the man says he has two improvised explosive devices, or ieds. to protect the public and contain the scene, police quickly close the street and divert traffic. a first blast inside the store knocks the door open. with all the commotion, a crowd gathers. police keep people away from the storm. people can see enough to offer a running commentary. suddenly they're shocked to see the assailant appear, threatening the clerk with a knife. the man baits the police, yelling "shoot me" several times. meanwhile, bystanders growing angry and impatient attempt to negotiate with the hostage taker in their own way. >> let her go you [ bleep ] coward! then without warning, just as police begin moving the canine unit into position, the man lets the hostage go. >> run! run! >> at this point police mo
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> august 15th, 2010. the roil condition mounted police respond to a silent alarm. a disturbed man inside this qwik stop convenience store. the man says he has two improvised explosive devices, or ieds. to protect the public and contain the scene, police quickly close the street and divert traffic. a first blast inside the store knocks the...
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some users refused to upgrade to a new phone because they didn't want to loose their google maps. >> once again breaking news in the south bay. a high school in coopertino shut down and classes canceled after a threat to the school was found. we are live near monta vista with details on the threat. >> reporter: good morning. i'm here where you can see the sheriff's office has closed off this road to traffic. that's because a quarter mile up the road is monta vista. we just saw the bomb unit drive in with their trucks, they are bringing in bomb sniffing dogs to sweep the school because the school is classed because earlier this morning grafitti was found on the campus of lynn brook in san jose and in that yao feety it indicated there was a bomb on the campus of monta vista in coopertino. so officials lynn brook called police to tell them what the grafitti said and now the sheriff's department, coopertino police are investigating, they are turning students away to see if -- if in fact there is anything suspicious on campus. right now we just have one school in the area confirmed that i
some users refused to upgrade to a new phone because they didn't want to loose their google maps. >> once again breaking news in the south bay. a high school in coopertino shut down and classes canceled after a threat to the school was found. we are live near monta vista with details on the threat. >> reporter: good morning. i'm here where you can see the sheriff's office has closed off this road to traffic. that's because a quarter mile up the road is monta vista. we just saw the...
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you can download this free app at the apple app store or google play. >>> 6:20 within. >>> our storm watch coverage continues -- to make sure the city ready for this latest wet weather. >>> [ inaudible ] >>> another look at live doppler, heaviest of the rain moving into the bay area now good news it is starting to sink a little down to the south, highway 4 corridor still getting wet around antioch and oakley heading towards walnut creek, san ramon towards millbrae, san mateo, south san francisco, pacifica, half moon bay will continue to sink south, south bay you are going to get rain just a matter of time before it get there is. by the afternoon, scattered showers. hardest, heaviest rain is falling right now through about 8:00. >>> a fun clip of 49ers ahead coach harbaugh is making the rounds on the internet from 1996 with him appearing at screech'scus continue on an episode of saved by the bell -- >> people think i'm a hero because i can throw a ball but i wouldn't be anything without my teammate when you think you are a big shot you usually get if trouble. >> you can always count o
you can download this free app at the apple app store or google play. >>> 6:20 within. >>> our storm watch coverage continues -- to make sure the city ready for this latest wet weather. >>> [ inaudible ] >>> another look at live doppler, heaviest of the rain moving into the bay area now good news it is starting to sink a little down to the south, highway 4 corridor still getting wet around antioch and oakley heading towards walnut creek, san ramon towards...
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Dec 13, 2012
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they got to google maps, good news, but a u.s. federal agency's going to signing off blackberry. david: oh, competition. whoever thought blackberry would come back, but it has. liz: at least for the moment, dow not coming back, 72.s down on the day, starting in the green by a tiny bit, but the markets started to the upside, crossed the line 30 times, and at 11:30 a.m. eastern, boehner came out, said spending's the issue. the president's not listening. it basically ruined the marks as you see. s&p couldn't gain here, down eight points. david: looking at the negative numbers, imagine what they would be if the fed did not do the money printing. a lot worse than it was today. could have been worse. facebook, when the market is in the red, facebook in the green, today is not an exception. today, a big bump, over 2% bump. tomorrow, of course, is the third lock up, another 156 million shares of facebook coming online, previous times when that's happened, we saw the stock jump as it did today. liz: right. everybody expected it to fall, it didn't. we're watching that. when apple falls on
they got to google maps, good news, but a u.s. federal agency's going to signing off blackberry. david: oh, competition. whoever thought blackberry would come back, but it has. liz: at least for the moment, dow not coming back, 72.s down on the day, starting in the green by a tiny bit, but the markets started to the upside, crossed the line 30 times, and at 11:30 a.m. eastern, boehner came out, said spending's the issue. the president's not listening. it basically ruined the marks as you see....
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Dec 10, 2012
12/12
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the workshop is 6 -- at 6:00 at google san francisco on spear street. you have to register in advance. >>> if you can't bike to work or school, you have to take a car, let's check in with sal. the east shore pretty crowded -- crowded? >> it is. you can see it's heavy here westbound. that's kind of a long line getting to the bay bridge. we had several stalled cars. kind of a bad morning for the bridge. not a lot of accidents but just broken down cars on that span. now here we are looking at a huge toll plaza delay of 40 minutes before you make it unless you are in the carpool lane, it will be 40 gets getting to the bay bridge. 580 is backed up as well. you need to give yourself extra time or consider public transportation. we're looking at the nimitz freeway. some people may want to think about the san mateo bridge. but getting to it will be she and it stays with you all the way down to fremont. 101 looks decent. 101 northbound and southbound, getting up and down the peninsula. let's go to steve. >>> thank you, sir. for some, cold, patchy fog. fairfield,
the workshop is 6 -- at 6:00 at google san francisco on spear street. you have to register in advance. >>> if you can't bike to work or school, you have to take a car, let's check in with sal. the east shore pretty crowded -- crowded? >> it is. you can see it's heavy here westbound. that's kind of a long line getting to the bay bridge. we had several stalled cars. kind of a bad morning for the bridge. not a lot of accidents but just broken down cars on that span. now here we are...